Calendly

SaaS/schedulingUSA
New to Unitard
βœ‚οΈ Markdown
PeakΒ $3 BillionToday
~-74%
from peak
  1. πŸ¦„
    Became a unicorn
    Jan 2021
  2. πŸ“ˆ
    Peak valuation
    $3 Billion ’21
  3. πŸ’”
    Became a Unitard
    ~2023
  4. πŸ’Έ
    Last valuation
    ~$780M
Current status
PitchBook est. $793M (Dec 2025)

The rise & fall

5 moments Β· 2013–2026

The key moments, with employee sentiment along the way.

2013
Founded in Atlanta
Tope Awotona pours his savings into a simple idea: a link that kills the 'when are you free?' email chain.
Wikipedia
Jan 2021
The peak: $3B, almost overnight$3B
Largely bootstrapped for years, Calendly takes a $350M round at a $3B valuation as remote work makes the scheduling link ubiquitous.
CNBC
2023
Slips out of the club (on paper)
As the SaaS boom cools, PitchBook's model marks the private company at about $793M (end of 2025) β€” roughly 74% down and below the $1B line, though no down round makes it official.
PitchBook
From the inside Β· Glassdoor reviews, 2023–24
Glassdoor reviews from 2023–24 described the reset from inside: internal equity units that had lost most of their value were cashed out while underwater, a 2023 workforce reduction, and perks and stipends trimmed as the boom-era cushion faded.
Jun 2026
The face of the SaaS fallers
CNBC's report on PitchBook's 220 fallen unicorns leads its SaaS section with Calendly; its table puts the company at $793M, 74% below the 2021 round.
CNBC

πŸ’¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—; dated facts carry their source.

How it happened

Calendly is a US scheduling-software company that raised at a $3B valuation in early 2021. As the SaaS funding boom cooled, PitchBook's model put its value at about $793M at the end of 2025 β€” roughly 74% below the 2021 round β€” and CNBC led the SaaS section of its fallen-unicorn report with the company. As a private firm that has not raised since 2021, the markdown is an external estimate rather than a priced round.

Source: PitchBook model estimate as of Dec 31, 2025 (CNBC's fallen-unicorn table, Jun 2026), not a priced round

Founder

  • Tope Awotona
    founder & CEO
    Still there β€” CEO + FounderLinkedIn β†—

Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.

More from the club

Same fate Β· third-party estimate (PitchBook)
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